Tiffany Hayden is known as a major XRP supporter but she has sold off all her XRP holdings, citing bullying in the larger XRP community.The self-proclaimed Ripple‘s XRP CEO Tiffany Hayden has ditched her position on grounds of being bullied by the XRP community. In a series of tweets, she explained her experience ever since she began complaining about some flaws with the system, where the XRP community was harsh on her.According to the tweets, Hayden, who was considered a major supporter of...
Read More »Bullish For Crypto? WHO Encourages More Contactless Payments Amid The Spreading Coronavirus
The coronavirus outbreak has pushed some world central banks to quarantine physical cash bills. The World Health Organization (WHO) encourages the adoption of contactless payments. As such, it raises a legitimate question – could cryptocurrencies seize this opportunity to receive a larger market share for online payments?Caution On Physical BillsThe COVID-19 (coronavirus) outbreak continues to escalate. The number of confirmed cases worldwide exceeds 110,000. The serious effects on people’s...
Read More »Tron (TRX) Price Analysis: Downtrend Intact Below $0.018
Tron price remained in a bearish zone below the $0.0180 pivot level against the US Dollar.TRX price traded as low as $0.0141 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0175 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to struggle near $0.0164 and $0.0175 in the near term.TRON price is trading in a major downtrend against the US Dollar, similar to bitcoin. TRX price is likely to...
Read More »Ethereum Price Analysis: ETH Turned Sell on Rallies Near $220
Ethereum price declined heavily below the key $220 support area against the US Dollar.ETH price tested the $190 area and it is currently consolidating losses below $205.There is a short term contracting triangle forming with resistance near $204 on the 4-hours chart (data feed from Coinbase).The price is likely to facing a lot of hurdles on the upside near the $211 and $220 levels in the near term.Ethereum price is now trading in a bearish zone against the US Dollar. ETH/USD could correct...
Read More »Top 6 Methods to Earn Money from Cryptocurrencies
Making money with cryptocurrency may sound scary at first, however, there are some convenient ways in which one can profit from the cryptocurrency boom. The cryptocurrency market is hitting a new high, more and more people want to invest in it and make the most of the price movement. That said, not everyone successfully ends up doing that. From overnight millionaires’ success stories to painful tales of the ridiculously high amount of tax owed, this market is a place where fortunes can be...
Read More »Coinbase CEO Brian Armstrong: Altcoins Are the Future of the Industry
Bitcoin – the number one cryptocurrency by market cap – has taken another ugly fall at the time of writing, and many are blaming Coinbase CEO Brian Armstrong and his latest string of comments.BTC Takes a Nosedive Thanks to Brian ArmstrongAt press time, bitcoin is trading for just over $8,300, meaning it has lost another $600 over the past 24 hours. Armstrong is now saying that it probably won’t be bitcoin that pushes the cryptocurrency arena forward, but rather a list of emerging altcoins...
Read More »Market Collapse amid Coronavirus and Oil Prices Crash: European Stocks Over 6% Down
Oil market prices plunged when OPEC and its allies failed to reach an agreement on production cuts. All the markets, including stocks, currencies and cryptos are falling.European equity indices were red across the board at the open on Monday as the coronavirus outbreak coupled with crashing oil prices rattled the global market. The pan-European Stoxx 600 fell 6.2%. All stocks on Italy’s FTSE MIB except pharma company Recordati failed to open at the start of the day’s trade. Italian blue-chip...
Read More »Bitcoin Halving Is Just 63 Days Away while BTC Price Down 10% Due to Oil War
During the meeting in Vienna on Friday, Russia, Saudi Arabia and other OPEC participants were talking about the oil price and possible decrease of supply. Bitcoin price is down.Per the plan, the world economy supposes to receive a boost thanks to the collective decrease in oil production. If all the major players would shorten oil extraction, the price would rise. However, not all the countries were happy with the OPEC plan. Russia said they don’t have to make any more moves regarding the...
Read More »Ethereum (ETH) Price Crumbles Severely Despite $39 Million Fatburger Deal
Despite the many investments and acquisitions taking place in the Ethereum space, the ETH token followed Bitcoin’s lead into losing more than 10% of its value between March 7 and March 8.Over the weekend, the crypto markets suffered colossal losses that left many of the top tokens losing over 10% of their value. Bitcoin led this massive meltdown with nearly $30 billion erased from the crypto markets. On its part, Bitcoin lost almost 18% over the past two days resulting in a dismal performance...
Read More »Cryptocurrencies Need To Be Used For Payments In Order To Grow, Says PayPal CTO
PayPal CTO, Sri Shivananda, believes that cryptocurrencies still have a long way to go in terms of mass adoption. While endorsing India’s digital asset ban removal, he noted that most consumers view them as assets instead of applicable currencies for actual payments.Crypto Needs More Use-CasesSri Shivananda, the CTO of PayPal – one of the world’s largest online payment companies – recently spoke at the recent Economic Times Global Business Summit. Amongst other financial topics, he also...
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